On Friday, Shares of Facebook Inc (NASDAQ:FB), lost -1.74% to $92.77.
On Facebook’s campus on Sunday, two of the world’s most powerful men used the high-tech company’s pulpit to promote a mutually beneficial platform: the growing power and influence of social media and the future of the digital economy in India, according to USA Today.
Prime Minister Narendra Modi and Facebook founder and chief executive Mark Zuckerberg were given a warm reception. The friendly crowd of about 1,000, many of them Indian immigrants and Silicon Valley workers support Modi’s “Digital India” initiatives which call for more high-speed Internet access and tech jobs to raise the standard of living in a country where so many still live in poverty.
“We are an $8 billion economy recently. My dream is to become a $20 trillion dollar economy,” Modi said during his 50-minute appearance at Facebook alongside Zuckerberg.
Modi and Zuckerberg had a one-on-one meeting before the event, yet more evidence of the deepening ties between India and Silicon Valley and of their increasingly entwined fortunes. USA Today Reports
Facebook, Inc. is a social networking company. The Company is engaged in developing products that enables users to connect and share through mobile devices and personal computers. It offers various services focused on people, marketers and developers. It offers various platforms for people to share their opinions, ideas, photos and videos, and to engage in other activities.
Shares of Finish Line Inc (NASDAQ:FINL), declined -19.62% to $19.91, during its last trading session.
Finish Line Inc. said profit slipped in its latest quarter, as the athletic retailer continues to grapple with slumping sales of men’s footwear, according to WSJ.
The Indianapolis-based company’s results in recent quarters have been crimped by more promotions and lower mall traffic, factors facing many retailers. In the latest period, sales at stores open for at least a year edged 1.5% higher. The metric cooled after jumping 5.5% in the previous period, and the deceleration was sharper than some analysts anticipated.
Analysts at B. Riley & Co., for example, had predicted a 4% rise, saying this week that athletic footwear growth moderated from the starting to the end of the quarter, partly due to a later Labor Day this year which may have pushed some sales into the current quarter. WSJ Reports
Finish Line, Inc. is a specialty retailer. The Company operates two retail divisions, one under the Finish Line brand name and another under the Running Specialty Group (Running Specialty). Finish Line is a retailer of athletic shoes, apparel, and accessories.
Shares of First Niagara Financial Group Inc. (NASDAQ:FNFG), inclined 0.44% to $10.36, during its last trading session.
The Pittsburgh Penguins(R) of the National Hockey League have finalized an extension and expansion of a five-year sponsorship agreement with First Niagara Financial Group, Inc. (FNFG). First Niagara expands its sponsorship as the “official retail bank of the Pittsburgh Penguins” and becomes the newest and 10th founding partner of the team, its top-tier sponsorship designation.
First Niagara will receive in-arena sponsorship exclusivity in the retail banking and credit card categories and is also the “official credit card of the Pittsburgh Penguins” and the named sponsor of CONSOL Energy Center’s First Niagara Club. The deal comprises both debit and credit card promotions, bank branding in the CONSOL Energy Center on dasher boards, LED rings and digital displays throughout the Center, radio advertising on the Pittsburgh Penguins Radio Network and other promotional benefits, counting First Niagara ATM’s at both downtown and Cranberry locations. In addition, First Niagara’s sponsorship comprises branding and promotion opportunities at the UPMC Lemieux Sports Complex, the Penguins’ primary training center located in Cranberry, PA.
“We are very happy to add First Niagara as our 10th founding partner,” said Terry Kalna, senior vice president of sales and broadcasting for the Pittsburgh Penguins. “First Niagara has been an excellent partner and a good corporate citizen, two important characteristics of all our founding partners who reflect the best of what the corporate community has to offer the people of Pittsburgh and western Pennsylvania.”
First Niagara Financial Group, Inc. is a bank holding company. The Company provides a range of retail and commercial banking, in addition to other financial services through its wholly owned bank partner, First Niagara Bank, N.A. (the Bank). The Bank is a nationally chartered regional bank providing financial services to individuals, families and businesses.
Finally, Hilton Worldwide Holdings Inc (NYSE:HLT), ended its last trade with -0.43% loss, and closed at $23.09.
Hilton Worldwide Holdings declared four new appointments in its Asia Pacific leadership team, signaling the high growth potential of this dynamic region. The promotions and appointments, all of which internal, are:
- Ben George - senior vice president, sales and revenue administration, Asia Pacific
- Michael Slaton - vice president, finance, Asia Pacific
- Rupert Hallam - vice president, sales, Asia Pacific
- Stephen Russell - vice president, operational effectiveness, Asia Pacific
Hilton Worldwide Holdings Inc. is a hospitality company. The Company comprises of about 4,322 hotels, resorts and timeshare properties comprising of 715,062 rooms in 94 countries and territories. The Company operates through three segments: administration and franchise, ownership and timeshare.
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